Today, Chunhou Fund's newly disclosed interim report on its public fund products and related clarification announcements show that Chunhou Fund's previous information disclosure incident was not a human error. The first was the reason why Chunhou Fund was unable to promise authenticity in accordance with credit disclosure requirements. The announcement showed that Chairman Jia Hongbo has now been deemed an inappropriate person in the industry by the regulatory authorities, and the powers of chairman and director have been suspended in accordance with relevant laws and regulations and the company's internal system. The “issuance by the chairman” of the fund's credit disclosure requirements can no longer be effectively met in the company's semi-annual report. Second, Liu Zhiwei, the second shareholder of Chunhou Fund, does hold a triple status. The company stated in the “Clarification Notice Concerning the Triple Status and Related Circumstances Involving Liu Zhiwei, the Two Shareholders of Chunhou Fund”, according to public information, Liu Zhiwei is suspected of using multiple identities to carry out a series of serious violations of laws and regulations, such as judicial arbitrage and regulatory arbitrage. In order to ensure the orderly and legal operation of licensed financial enterprises, Chunhou Fund made an official report to the supervisory authority on April 24, 2024, awaiting further investigation and verification by the supervisory authority and issuing processing opinions. Chunhou Fund said that since discovering the impact of Liu Zhiwei's triple identity on the company, Chunhou Fund has immediately and effectively implemented risk isolation measures with this shareholder and related personnel.

Today, Chunhou Fund's newly disclosed interim report on its public fund products and related clarification announcements show that Chunhou Fund's previous information disclosure incident was not a human error. The first was the reason why Chunhou Fund was unable to promise authenticity in accordance with credit disclosure requirements. The announcement showed that Chairman Jia Hongbo has now been deemed an inappropriate person in the industry by the regulatory authorities, and the powers of chairman and director have been suspended in accordance with relevant laws and regulations and the company's internal system. The “issuance by the chairman” of the fund's credit disclosure requirements can no longer be effectively met in the company's semi-annual report. Second, Liu Zhiwei, the second shareholder of Chunhou Fund, does hold a triple status. The company stated in the “Clarification Notice Concerning the Triple Status and Related Circumstances Involving Liu Zhiwei, the Two Shareholders of Chunhou Fund”, according to public information, Liu Zhiwei is suspected of using multiple identities to carry out a series of serious violations of laws and regulations, such as judicial arbitrage and regulatory arbitrage. In order to ensure the orderly and legal operation of licensed financial enterprises, Chunhou Fund made an official report to the supervisory authority on April 24, 2024, awaiting further investigation and verification by the supervisory authority and issuing processing opinions. Chunhou Fund said that since discovering the impact of Liu Zhiwei's triple identity on the company, Chunhou Fund has immediately and effectively implemented risk isolation measures with this shareholder and related personnel.